Reported as a scam / unregulated
Why DLS is on the register
DLS, owned and operated by Dragon Leader Services Limited, claims to be an authorized broker bearing licenses issued by several regulators, including the Australian Securities & Investments Commission (ASIC), the Vanuatu Financial Services Commission (VFSC), and the Financial Commission. Despite the provided regulation and certification on its website, DLS is not under valid supervision for the following reasons. 1) The Financial Commission simply acts as an independent external dispute resolution (EDR) organization that does not regulate forex markets nor issues licenses for brokers engaging in such activities. 2) We didn’t find any result matching this broker from the registry of ASIC and VFSC. So DLS is not overseen by any regulator. That means investors’ funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you to the right next step. A free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.